MONTREAL, June 12, 2018 /CNW Telbec/ - SNC-Lavalin
(TSX: SNC) has signed an exclusive agreement with Florexx
International Investments LLC for the extended basic engineering
and subsequent design and delivery of an Advanced Topping Refinery
in the UAE.
Under the exclusive agreement, SNC-Lavalin will carry out the
initial basic engineering, master planning, process technology
evaluation and selection to support project financial investment
decision approvals, expected in Q3 2018. Once the project proceeds
to the engineering, procurement and construction (EPC) phase,
SNC-Lavalin will carry out the complete design and delivery of the
refinery, working alongside Emirati contractors to maximize
in-country value.
"This project is an important addition to the work that we do in
the UAE, further boosting our extensive capability in providing
end-to-end solutions in the downstream oil and gas market, as well
as contributing to the growth of our business in the region and our
continued focus on adding value to all seven Emirates" said
Christian Brown, President, Oil
& Gas, SNC-Lavalin.
Advanced Topping Refineries use distillation columns to separate
crude oil into different petroleum products, including naphtha,
diesel, kerosene and fuel. The Inside Battery Limits (ISBL) scope
of the agreement between SNC-Lavalin and Florexx includes
construction of a 100,000 barrel per day (BPD) capacity refinery
complemented by non-process technical and non-technical buildings
and support infrastructure.
About SNC-Lavalin
Founded in 1911, SNC-Lavalin is a global fully integrated
professional services and project management company and a major
player in the ownership of infrastructure. From offices around the
world, SNC-Lavalin's employees are proud to build what matters. Our
teams provide comprehensive end-to-end project solutions –
including capital investment, consulting, design, engineering,
construction, sustaining capital and operations and maintenance –
to clients across oil and gas, mining and metallurgy,
infrastructure, clean power, nuclear and EDPM (engineering design
and project management). On July 3,
2017, SNC-Lavalin acquired Atkins, one of the world's most
respected design, engineering and project management consultancies,
which has been integrated into our sectors.
www.snclavalin.com
SOURCE SNC-Lavalin